Healthy Choice Wellness Achieves Record Sales with 24.5% Annual Growth in Natural Foods Retail
Healthy Choice Wellness Corp. (NYSEAM: HCWC), operating 19 natural and organic grocery stores across six states, reported strong financial results for Q4 and full-year 2024. The company achieved record Q4 sales of $19.6 million, up 23.9% year-over-year, while full-year 2024 sales reached $69.3 million, marking a 24.5% increase from 2023.
Gross profit performance was equally impressive, with $7.4 million generated in Q4 and $26.3 million for the full year 2024, representing increases of $1.7 million and $6.0 million respectively. CEO Jeffrey Holman expressed confidence in the company’s strategic approach and its position for continued growth through future acquisitions and operational efficiencies.
Healthy Choice Wellness Corp. (NYSEAM: HCWC), che gestisce 19 negozi di alimenti naturali e biologici in sei stati, ha riportato risultati finanziari solidi per il quarto trimestre e l’intero anno 2024. L’azienda ha registrato vendite record di $19,6 milioni nel quarto trimestre, con un incremento del 23,9% rispetto all’anno precedente, mentre le vendite per l’intero anno 2024 hanno raggiunto $69,3 milioni, segnando un aumento del 24,5% rispetto al 2023.
Le performance del profitto lordo sono state altrettanto impressionanti, con $7,4 milioni generati nel quarto trimestre e $26,3 milioni per l’intero anno 2024, rappresentando incrementi di $1,7 milioni e $6,0 milioni rispettivamente. Il CEO Jeffrey Holman ha espresso fiducia nell’approccio strategico dell’azienda e nella sua posizione per una continua crescita attraverso future acquisizioni e efficienze operative.
Healthy Choice Wellness Corp. (NYSEAM: HCWC), que opera 19 tiendas de alimentos naturales y orgánicos en seis estados, reportó resultados financieros sólidos para el cuarto trimestre y el año completo 2024. La compañía alcanzó ventas récord de $19.6 millones en el cuarto trimestre, un aumento del 23.9% interanual, mientras que las ventas del año completo 2024 llegaron a $69.3 millones, marcando un incremento del 24.5% respecto a 2023.
El rendimiento del beneficio bruto fue igualmente impresionante, con $7.4 millones generados en el cuarto trimestre y $26.3 millones para el año completo 2024, lo que representa incrementos de $1.7 millones y $6.0 millones respectivamente. El CEO Jeffrey Holman expresó confianza en el enfoque estratégico de la empresa y su posición para continuar creciendo a través de futuras adquisiciones y eficiencias operativas.
헬시 초이스 웰니스 주식회사 (NYSEAM: HCWC)는 여섯 개 주에서 19개의 자연 및 유기농 식료품점을 운영하며 2024년 4분기 및 연간 실적이 강력하다고 보고했습니다. 회사는 4분기 동안 $1960만의 기록적인 매출을 달성했으며, 이는 전년 대비 23.9% 증가한 수치입니다. 2024년 전체 연간 매출은 $6930만에 달해 2023년 대비 24.5% 상승했습니다.
총 이익 실적 또한 인상적이었으며, 4분기 동안 $740만, 2024년 전체로는 $2630만을 기록하여 각각 $170만 및 $600만의 증가를 보였습니다. CEO 제프리 홀먼은 회사의 전략적 접근 방식과 미래 인수 및 운영 효율성을 통해 지속적인 성장에 대한 자신감을 표현했습니다.
Healthy Choice Wellness Corp. (NYSEAM: HCWC), qui exploite 19 magasins d’alimentation naturelle et biologique dans six États, a rapporté de solides résultats financiers pour le quatrième trimestre et l’année complète 2024. L’entreprise a réalisé des ventes record de 19,6 millions de dollars au quatrième trimestre, soit une augmentation de 23,9 % par rapport à l’année précédente, tandis que les ventes de l’année complète 2024 ont atteint 69,3 millions de dollars, marquant une augmentation de 24,5 % par rapport à 2023.
La performance du bénéfice brut a également été impressionnante, avec 7,4 millions de dollars générés au quatrième trimestre et 26,3 millions de dollars pour l’année complète 2024, représentant des augmentations de 1,7 million de dollars et 6,0 millions de dollars respectivement. Le PDG Jeffrey Holman a exprimé sa confiance dans l’approche stratégique de l’entreprise et sa position pour une croissance continue grâce à de futures acquisitions et à des gains d’efficacité opérationnelle.
Healthy Choice Wellness Corp. (NYSEAM: HCWC), das 19 natürliche und biologische Lebensmittelgeschäfte in sechs Bundesstaaten betreibt, berichtete von soliden finanziellen Ergebnissen für das vierte Quartal und das Gesamtjahr 2024. Das Unternehmen erzielte Rekordumsätze im vierten Quartal von 19,6 Millionen Dollar, was einem Anstieg von 23,9 % im Vergleich zum Vorjahr entspricht, während die Umsatzerlöse für das Gesamtjahr 2024 69,3 Millionen Dollar erreichten, was einen Anstieg von 24,5 % gegenüber 2023 bedeutet.
Die Bruttogewinnleistung war ebenso beeindruckend, mit 7,4 Millionen Dollar, die im vierten Quartal erwirtschaftet wurden und 26,3 Millionen Dollar für das gesamte Jahr 2024, was Anstiege von 1,7 Millionen Dollar und 6,0 Millionen Dollar darstellt. CEO Jeffrey Holman äußerte sich zuversichtlich über den strategischen Ansatz des Unternehmens und dessen Position für weiteres Wachstum durch zukünftige Übernahmen und betriebliche Effizienzen.
Positive
- Record Q4 sales of $19.6M, up 23.9% YoY
- Full-year 2024 sales reached $69.3M, up 24.5% YoY
- Q4 gross profit increased by $1.7M
- Full-year gross profit grew by $6.0M to $26.3M
Insights
HCWC’s Q4 and FY2024 results showcase remarkable financial performance with
For a small-cap company with a market cap of
The natural and organic grocery sector continues to outperform traditional grocery retail and HCWC’s results reflect this trend. Operating 19 stores across six states provides geographic diversification while maintaining operational efficiency. The
The company’s expansion strategy through acquisitions, combined with their current performance metrics, positions them well in a consolidating market. The average revenue per store of approximately
HOLLYWOOD, FL, Jan. 06, 2025 (GLOBE NEWSWIRE) — Healthy Choice Wellness Corp. (“HCWC” or the “Company”) (NYSEAM: HCWC), a holding company operating 19 natural and organic grocery stores across six states, today announced significant growth in sales and gross margin in its fourth quarter and year ended December 31, 2024 results.
Key Fourth Quarter and Full-Year 2024 Sales and Gross Margin Highlights:
- Record Sales Growth: The Company achieved record sales of
$19.6 million for the three months ended December 31, 2024, representing a23.9% increase year-over-year. Full-year 2024 sales reached$69.3 million , a24.5% increase compared to 2023. - Strong Gross Margin Performance: The Company generated approximately
$7.4 million in gross profit for the fourth quarter and$26.3 million for the full year 2024. This represents a gross margin increase of approximately$1.7 million for the fourth quarter and$6.0 million for the full year.
Jeffrey Holman, HCWC CEO and Chairman, commented, “Healthy Choice Wellness Corp.’s record 2024 sales and gross margin are a testament to our commitment to create value for our customers and shareholders. This strong performance validates our strategic approach and underscores our ability to drive profitable growth. We are confident that our continued investments in future acquisitions, coupled with strategic initiatives and operational efficiencies, leaves us well positioned to deliver compelling financial returns in 2025 and beyond.”
About Healthy Choice Wellness Corp.
Healthy Choice Wellness Corp. is a holding company focused on providing consumers with healthier daily choices with respect to nutrition and other lifestyle alternatives.
Through its wholly owned subsidiaries, the Company operates:
|
||
|
||
|
||
|
||
|
Through its wholly owned subsidiary, Healthy U Wholesale, the Company sells vitamins and supplements, as well as health, beauty and personal care products on its website www.TheVitaminStore.com.
Forward Looking Statements
This press release contains forward-looking statements within the meaning of that term in the Private Securities Litigation Reform Act of 1995 (Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934). Additional written or oral forward-looking statements may be made by the Company from time to time in filings with the Securities and Exchange Commission (SEC) or otherwise. Statements contained in this press release that are not historical facts are forward looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, and are based on management’s estimates, assumptions and projections and are not guarantees of future performance. The Company assumes no obligation to update these statements. Forward looking statements may include, but are not limited to, projections or estimates of revenue, income, or loss, exit costs, cash flow needs and capital expenditures, statements regarding future operations, expansion or restructuring plans, including our recent exit from, and winding down of our wholesale distribution operations. In addition, when used in this release, the words “anticipates,” “believes,” “estimates,” “expects,” “intends,” and “plans” and variations thereof and similar expressions are intended to identify forward looking statements.
Factors that may affect our future results of operations and financial condition include, but are not limited to, fluctuations in demand for our products, the introduction of new products, our ability to maintain customer and strategic business relationships, the impact of competitive products and pricing, growth in targeted markets, the adequacy of our liquidity and financial strength to support its growth, and other information that may be detailed from time-to-time in our filings with the SEC.
Contact Information
Healthy Choice Wellness Corp.
3800 North 28th Way, Hollywood, FL 33020
305-600-5004
Email: [email protected]
FAQ
What was HCWC’s revenue growth in Q4 2024?
HCWC reported Q4 2024 sales of $19.6 million, representing a 23.9% increase year-over-year.
How much did HCWC’s annual sales grow in 2024?
HCWC’s full-year 2024 sales reached $69.3 million, marking a 24.5% increase compared to 2023.
What was HCWC’s gross profit for full-year 2024?
HCWC generated $26.3 million in gross profit for the full year 2024, an increase of $6.0 million from the previous year.
How many stores does HCWC currently operate?
HCWC operates 19 natural and organic grocery stores across six states.
What was HCWC’s Q4 2024 gross profit?
HCWC generated approximately $7.4 million in gross profit for the fourth quarter of 2024, an increase of $1.7 million.
